4//SEC Filing
LANG RONALD M 4
Accession 0001181431-09-054515
CIK 0001337272other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 4:50 PM ET
Size
8.3 KB
Accession
0001181431-09-054515
Insider Transaction Report
Form 4
LANG RONALD M
Group CEO
Transactions
- Disposition to Issuer
Performance-Based Option Unit (right to buy)
2009-11-30−510,325.326→ 0 totalExercise: $18.00Exp: 2015-08-11→ Units (510,325.326 underlying) - Award
Performance-Based Option Unit (right to buy)
2009-11-30+510,325.326→ 510,325.326 totalExercise: $18.00Exp: 2015-08-11→ Units (510,325.326 underlying)
Footnotes (2)
- [F1]Amendment of outstanding option resulting in deemed cancellation of option and grant of replacement option. The option was originally granted on August 12, 2005. The Issuer and Reporting Person agreed to amend the option's performance targets to reflect a reduction in the performance targets for 2009 and 2010. Provided the amended performance targets are achieved, shares earned in each of the 2009 and 2010 performance years will vest as follows: 25% will vest on December 31 of the applicable performance year, and the remaining 75% will vest in equal monthly installments over the next 36 months, subject to the Reporting Person's continued employment.
- [F2]Each "Unit" consists of 1.3 shares of Class A-8 common stock and 0.1444 shares of Class L common stock of SunGard Capital Corp. and 0.05 shares of preferred stock of SunGard Capital Corp. II.
Documents
Issuer
SUNGARD CAPITAL CORP
CIK 0001337272
Entity typeother
Related Parties
1- filerCIK 0001276426
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 4:50 PM ET
- Size
- 8.3 KB